The Unified Payments Interface (UPI) is ready to foray into the UK market starting with QR code-based transactions.
The NPCI International Payments Ltd (NIPL) has partnered with payments solutions provider, PayXpert to internationalise the acceptance of its payment solutions in the UK.
UAE, Japan, the US, Singapore, Bhutan, Nepal and France are already accepting UPI payment services. NIPL is the wholly-owned subsidiary of National Payments Corporation of India (NPCI).